Pagaya Technologies (PGYWW) Operating Income (2023 - 2026)
Pagaya Technologies (PGYWW) posted quarterly Operating Income of $80.0 million for Q1 2026, up 67.78% YoY from $47.7 million in Q1 2025, and little changed sequentially from $79.7 million in Q4 2025.
Pagaya Technologies (PGYWW) Operating Income (2023 - 2026) Analysis & Trends
Pagaya Technologies has disclosed Operating Income across 4 years of filings, most recently posting $80.0 million for Q1 2026.
- In Q1 2026, Operating Income rose 67.78% year-over-year to $80.0 million; the TTM figure through Mar 2026 stood at $296.1 million (up 177.2% YoY), while the FY2025 annual figure was $263.8 million, up 294.71% from the prior year.
- Operating Income was little changed at $80.0 million in Q1 2026, from $79.7 million in the prior quarter.
- Over the last five years, Operating Income for PGYWW reached as high as $80.0 million in Q1 2026 and fell as low as -$25.0 million in Q1 2023.
- The 4-year median for Operating Income is $22.4 million (2024), against an average of $29.7 million.
- Annual changes were most pronounced in 2024 — Operating Income soared 13717.28% — and 2026, when it jumped 67.78%.
- A 4-year view of Operating Income shows it stood at $10.7 million in 2023, then jumped by 197.96% to $31.7 million in 2024, then surged by 151.16% to $79.7 million in 2025, then advanced by 0.36% to $80.0 million in 2026.
- According to Business Quant data, Operating Income over the past three periods registered $80.0 million, $79.7 million, and $80.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 38.40 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 6.13 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 754.00 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 397.00 Mn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 13.79 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 580.00 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | -61.99 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 203.05 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | -171.99 Mn |
| 10 | Pagaya Technologies | - | - | 140.38 Mn | 80.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 80.01 Mn |
| Dec 31, 2025 | 79.72 Mn |
| Sep 30, 2025 | 79.96 Mn |
| Jun 30, 2025 | 56.47 Mn |
| Mar 31, 2025 | 47.69 Mn |
| Dec 31, 2024 | 31.74 Mn |
| Sep 30, 2024 | 22.38 Mn |
| Jun 30, 2024 | 5.03 Mn |
| Mar 31, 2024 | 7.69 Mn |
| Dec 31, 2023 | 10.65 Mn |
| Sep 30, 2023 | 162,000.00 |
| Jun 30, 2023 | -10.24 Mn |
| Mar 31, 2023 | -24.98 Mn |